NYSE Revamps Disaster Plan

By

Jacob Bunge

Updated March 8, 2013 6:19 p.m. ET

The New York Stock Exchange wants to be able to operate without human traders the next time a big disaster strikes downtown Manhattan, under plans being hatched by its parent company in the wake of superstorm Sandy.

NYSE Euronext is preparing to submit to the Securities and Exchange Commission details of its plans to cope with a forced shutdown of its historic trading floor, according to people involved in the planning.